Tata Nifty Private Bank Exchange Traded Fund Overview
Category ETF
BMSMONEY Rank 69
BMSMONEY Rating
Gro. Opt. As On: 22-11-2024
NAV ₹257.79(R) +1.04% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 11.57% 10.17% 8.21% -% -%
LumpSum (D)
SIP (R) -11.31% 7.33% 12.23% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.04 0.05 0.27 -0.23% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.89% -20.03% -18.43% 0.99 11.5%
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NAV Date: 22-11-2024

Scheme Name NAV Rupee Change Percent Change
Tata Nifty Private Bank Exchange Traded Fund 257.79
2.6500
1.0400%

Review Date: 22-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated six return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The Tata Nifty Private Bank Exchange Traded Fund has five return parameters in the category, which are above average but below the top 25%, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 3Y Return %
      • 5Y Return %
    3. Below Average: One return parameter of the fund is below average in the category, which is listed below:
      • 1Y Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Two risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Tata Nifty Private Bank Exchange Traded Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Tata Nifty Private Bank Exchange Traded Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Tata Nifty Private Bank Exchange Traded Fund has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 16.89 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 11.5 %.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated four risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: Tata Nifty Private Bank Exchange Traded Fund has four risk-adjusted performance parameters of the fund that are below average in the category.
      • Sharpe Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sharpe Ratio of 0.04 compared to the category average of 0.36.
      • Sterling Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sterling Ratio of 0.27 compared to the category average of 0.59.
      • Sortino Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sortino Ratio of 0.05 compared to the category average of 0.17.
      • Treynor Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Treynor Ratio of 0.01 compared to the category average of 0.08.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.47
-1.92
-8.61 | 5.51 76 | 184 Good
3M Return % -1.87
-2.52
-13.03 | 21.70 67 | 184 Good
6M Return % 6.13
5.71
-10.20 | 30.50 84 | 176 Good
1Y Return % 11.57
16.49
-89.01 | 56.78 129 | 165 Poor
3Y Return % 10.17
3.24
-49.52 | 45.31 60 | 99 Average
5Y Return % 8.21
0.91
-53.94 | 30.51 38 | 67 Average
1Y SIP Return % -11.31
-3.96
-38.38 | 23.38 143 | 155 Poor
3Y SIP Return % 7.33
13.92
-14.08 | 44.83 71 | 89 Poor
5Y SIP Return % 12.23
14.63
-11.18 | 43.52 42 | 58 Average
Standard Deviation 16.89
13.85
0.00 | 28.97 62 | 80 Poor
Semi Deviation 11.50
9.61
0.00 | 18.80 60 | 80 Average
Max Drawdown % -18.43
-12.90
-38.86 | 0.00 71 | 80 Poor
VaR 1 Y % -20.03
-16.92
-34.01 | 0.00 60 | 80 Average
Average Drawdown % -7.19
-5.78
-19.01 | 0.00 62 | 80 Poor
Sharpe Ratio 0.04
0.36
-0.74 | 1.89 61 | 77 Poor
Sterling Ratio 0.27
0.59
-0.01 | 2.15 71 | 80 Poor
Sortino Ratio 0.05
0.17
-1.00 | 1.16 60 | 80 Average
Jensen Alpha % -0.23
-0.28
-1.29 | 2.99 16 | 33 Good
Treynor Ratio 0.01
0.08
0.01 | 0.26 32 | 33 Poor
Modigliani Square Measure % 7.59
15.00
7.57 | 33.94 32 | 33 Poor
Alpha % -0.27
-0.50
-2.73 | 1.05 17 | 33 Good
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 16.89 13.85 0.00 | 28.97 62 | 80
Semi Deviation 11.50 9.61 0.00 | 18.80 60 | 80
Max Drawdown % -18.43 -12.90 -38.86 | 0.00 71 | 80
VaR 1 Y % -20.03 -16.92 -34.01 | 0.00 60 | 80
Average Drawdown % -7.19 -5.78 -19.01 | 0.00 62 | 80
Sharpe Ratio 0.04 0.36 -0.74 | 1.89 61 | 77
Sterling Ratio 0.27 0.59 -0.01 | 2.15 71 | 80
Sortino Ratio 0.05 0.17 -1.00 | 1.16 60 | 80
Jensen Alpha % -0.23 -0.28 -1.29 | 2.99 16 | 33
Treynor Ratio 0.01 0.08 0.01 | 0.26 32 | 33
Modigliani Square Measure % 7.59 15.00 7.57 | 33.94 32 | 33
Alpha % -0.27 -0.50 -2.73 | 1.05 17 | 33
Return data last Updated On : Nov. 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.04 ₹ 10,104.00 ₹
1W 1.92 ₹ 10,192.00 ₹
1M -1.47 ₹ 9,853.00 ₹
3M -1.87 ₹ 9,813.00 ₹
6M 6.13 ₹ 10,613.00 ₹
1Y 11.57 ₹ 11,157.00 ₹
3Y 10.17 ₹ 13,372.00 ₹
5Y 8.21 ₹ 14,835.00 ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -11.31 ₹ 11,249.06 ₹
3Y ₹ 36000 7.33 ₹ 40,234.18 ₹
5Y ₹ 60000 12.23 ₹ 81,591.30 ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Tata Nifty Private Bank Exchange Traded Fund NAV Regular Growth Tata Nifty Private Bank Exchange Traded Fund NAV Direct Growth
22-11-2024 257.7862 None
21-11-2024 255.133 None
19-11-2024 254.9268 None
18-11-2024 253.285 None
14-11-2024 252.9407 None
13-11-2024 252.1181 None
12-11-2024 257.3134 None
11-11-2024 260.2147 None
08-11-2024 258.8656 None
07-11-2024 259.7687 None
06-11-2024 262.157 None
05-11-2024 262.0674 None
04-11-2024 257.0788 None
31-10-2024 259.2197 None
30-10-2024 260.9958 None
29-10-2024 263.3505 None
28-10-2024 259.3778 None
25-10-2024 258.6772 None
24-10-2024 261.8548 None
23-10-2024 260.9002 None
22-10-2024 261.6277 None

Fund Launch Date: 16/Aug/2019
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Description: 1) Ideal for Investors looking for investments in private bank segment. 2) An exchange traded fund that aims to provide returns that closely correspond to the returns provided by Nifty Private Bank Index, subject to tracking error.
Fund Benchmark: Nifty Private Bank Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.